Shigeki Iwama takes over as CEO of Honda India Power Products Ltd

Shigeki Iwama takes over as CEO of Honda India Power Products Ltd


Mumbai/Greater Noida: Honda India Power Products Limited (HIPP) has announced the appointment of Shigeki Iwama as its new President, effective from April 1, 2023.

Iwama will succeed and uphold Takahiro Ueda’s legacy to steer Honda India Power Products in its next phase of growth.

Shigeki Iwama has had an impressive career trajectory during his long-standing journey of close to 20 years with Honda Motor Company, specialising in the power products business.

Iwama recently held the position of President at Honda Motor Europe’s Central Europe branch (Austria), from 2020 to 2023. During his tenure, he led the entire Central Europe branch, overseeing Sales and Marketing operations in the Power products, Car, Motorcycle, and Spare parts business.

In addition to his role at Honda Motor Europe’s Central Europe branch, Iwama has expertise in the power products industry. He previously served as Department Manager at Honda Motor Japan and as General Manager of the Power Products Department at Honda South America.

Expressing his avidity on this new role, Iwama stated, “In terms of demand for power products, India stands at 4th rank in the world demonstrating a huge opportunity driven by a resolute focus on agriculture, construction mechanization, a steady infrastructure boost and impetus to the power & EV sector. With opportunity comes a responsibility to incorporate innovation and sustainability in our product offerings to make them future-ready. To support the Indian Government’s efforts, HIPP will continue with its eco-friendly approach across our product line-up. In this new role, our efforts will be focused on harnessing the unwavering potential posed by the Indian market, all while fostering a culture of collaboration, innovation, and excellence.”

Speaking about the HIPP’s product repertoire, he added, “Today, Honda India Power Products is an industry leader offering a series of robust innovation-led products to more than 5 million customers. We’ve built an ever-growing organization focused to improve living standards and maximise convenience for our customer base. At HIPP, we’ll continue to transition our product repertoire, as a direct corollary of the shifting dynamics.”